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Big Rapids 49307
815 Henderson Street
$140,000
● House - Off Market

815 Henderson Street

Big Rapids, MI 49307
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$792
Est. Monthly
12.40%
Cap Rate

About This Property

Best of both worlds with this newly renovated home on N end of Big Rapids.  Great location with easy access to all amenities in town- shopping, schools work etc.  Master suite with open great room. Level yard with storage shed and a new cement sidewalk. Priced to SELL
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$117
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #24061738)

Price History

Date / Event Date Event Price
Dec 26, 2024 Sold
Premium
Sold
Dec 10, 2024 In contract -
In contract
Dec 4, 2024 Listed by Century 21 White House Realty $139,900
Listed by Century 21 White House Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND RAPIDS AND INDIANA RAILROAD COMPAN
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: DARWIN AVENUE: GRAND RAPIDS AND INDIANA RAILROAD COMPANY'S AND CONTINENTAL IMPROVEMENT COMPANY'S SECOND ADDITION -- BLK 9, E

Neighborhood

  • School District Name: Big Rapids Public Schools
  • School Tax School District: BIG RAPIDS PUBL
  • Census Tract: 960500

Geography

  • District: 17
  • Parcel: 17-11-136-011
  • Block: 9
  • Lot: 13-14
  • Municipality: CITY OF BIG RAPIDS
  • Latitude: 43.7094
  • Longitude: -85.4759

    Address

  • Full Address: 815 Henderson St
  • Address - House Number: 815
  • Address - Street Name: Henderson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Big Rapids
  • Carrier Code: C011
  • 4-Digit Zip Code: 1142
  • Zip Code: 49307

Valuation

    Tax

  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2627
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 129,443
  • High Value: 163,449
  • Low Value: 95,436

    Market Valuation

  • Market Total Value: $86,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,200
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Big Rapids

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$121

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1697 ft²

Average Home Age

84.1 years

Currently For Sale

28 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Tom Garner, Century 21 White House Realty
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24061738
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 815 Henderson Street built and last sold?
The property at 815 Henderson Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 815 Henderson Street is $0.
What are some comparable homes to 815 Henderson Street?
There are currently no comparable homes to 815 Henderson Street.
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